Michele Olinsky Acquires Single Family Property On 27 Vandam Street In Hudson Square, Manhattan For $14.8M

Located in the bustling neighborhood of Hudson Square, Manhattan, a single-family property situated at 27 Vandam Street has recently changed hands in a closed transaction. The property boasts a zoning classification of R6, making it suitable for residential purposes. Spanning a total of 2,672 square feet, the property offers ample space for comfortable living. The sale price for this desirable asset was $14,800,000, resulting in a price per square foot of $5,538. The buyer, Michele Olinsky, successfully acquired the property from the seller, Cory Carlesimo.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $14,800,000
• Address: 27 Vandam Street, Hudson Square, Manhattan
• Market: Hudson Square, Manhattan
• Square Footage: 2,672
• Price per Square Foot: $5,538
• Zoning: R6

Michele Olinsky, with the assistance of their representative, successfully completed the transaction, securing this prime piece of real estate for their portfolio. The property's features, including its size and location, make it an attractive investment opportunity. It is worth noting that the property had an alteration permit issued on April 25, 2012. The lot size measures approximately 1,994 square feet, and the lot dimensions are 19.92 feet by 100.08 feet. Furthermore, the property's floor area ratio (FAR) stands at 1.34, indicating additional potential for future development or expansion. The property falls under tax class 1, offering certain benefits to its owners.